This past spring, just before a National Association for Law Placement conference in Boston, the local associate grapevine started buzzing with news of a pay hike at several law firms with a large Boston presence. For the first time in a number of years, Ropes & Gray; Wilmer Cutler Pickering Hale and Dorr; Dechert; Goodwin Procter; and McDermott Will & Emery raised Boston associate pay by $5,000 and more.
The raises, however, excluded first-year associates. Some attendees at the NALP conference found that strange. “People were thinking, ‘Hmm, the economy is picking up a little bit,’” said Jill McDonald, director of attorney hiring at the intellectual property firm Fish & Richardson. “‘So who’s going to be the first to raise their first-year associates’ salaries?’”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
